Natural gas fuels rising electric costs
The three regulated utilities - Public Service of New Hampshire, Unitil and Liberty - have requests for increases in their energy supply charges either pending before the Public Utilities Commission or already approved by the PUC.
PSNH serves about 70 percent of the state and has lost more than 90,000 residential customers to competitive electricity suppliers since those suppliers began offering lower rates more than a year ago.
Liberty, whose franchise territory includes western and southern areas of the state, serves about 6 percent of the retail customers in New Hampshire, while Unitil serves about 11 percent of the state's retail customers in both the Seacoast and Concord areas.
North American is offering 7.59 cents per kwh on a 12-month guarantee, while ENH, another large competitive supplier, is offering 7.89 cents per kwh for the same period. There are 14 registered providers of competitive energy supply, all with varying terms and rates. The regulated utility continues to deliver the electricity, read the meters and manage the billing, no matter who supplies the power.
The energy charge from PSNH includes costs associated with its power plants, so customer migration is a concern among regulators.
As more customers leave PSNH, a shrinking customer base has to support those power plant expenses.
READER COMMENTS: 0
- H.S. Football: Knight leads South past North - 0
- H.S. Football: Trinity, with all the trimmings, runs past Central - 3
- Unchained following 34 years, Thursday's Turkey Bowl is Paul Boucher's last game - 1
- Roger Brown's First & 10: Motivation aplenty for Central and Trinity in Manchester's annual Turkey Bowl - 3
- Martinez, Rodriguez lift Salem past Lawrence - 0
- Roger Brown's First & 10: On any given Thursday - 0
- Roger Brown's First & 10: Crimson glide - 0
- Roger Brown's First & 10: This year, No. 1 is a no-doubter - 1
- Roger Brown's First and 10: Concord proves it's the state's best - 1
READER COMMENTS: 7
- UPDATE: Portsmouth woman, 60, identified after her body is found in creek - 1
- N.Y. man charged with reckless conduct after accidental shooting in Nashua - 1
- Cases against Keene 'Robin Hooders' dismissed by judge - 7
- Task force arrests man in Nottingham for Candia burglary - 1
- Police: Salem man used car keys to stab officer in hand - 1
- Manchester muffler shop burglarized - 0
- Boy, 12, struck in Newton remains hospitalized - 0
- State revenue under projections for November - 1
- Armed man arrested after Manchester convenience store robbery - 0
UPDATE: Could be 'months' before deciding on charges in crash involving Dover city councilor
John DiStaso's Granite Status: Bob Smith ready to hire campaign manager for his 2014 US Senate run
Push to block casino in NH ramping up